Posted by Dakewlest > 2021-07-21 00:06 | Report Abuse

We want special dividend. Hopefully more than 10 sen per share.

Posted by tamp0i > 2021-07-28 01:28 | Report Abuse

How come IJM everyday buy back shares but prices won't move one ah? Lmao...

Posted by stockraider > 2021-07-28 07:50 | Report Abuse

Privatization coming mah!

Posted by Bgt 9963 > 2021-07-28 08:51 |

Post removed.Why?

Posted by stevenckheng > 2021-07-28 15:49 | Report Abuse

this week to watch out for moodin bill on sovereign wealth fund?

Posted by celineloo > 2021-07-28 19:09 | Report Abuse

IJM Corp proposes to reward shareholders with 15 sen special dividend from IJM Plantation stake sale

Justin Lim

/

theedgemarkets.com


July 28, 2021 15:09 pm +08

Posted by Johnzhang > 2021-07-29 05:44 | Report Abuse

$0.15 special dividend is not bad at all .

Posted by Bgt 9963 > 2021-07-29 08:47 |

Post removed.Why?

Posted by milosh > 2021-07-29 11:31 | Report Abuse

only way to go now is UP

Posted by Dakewlest > 2021-08-01 22:21 | Report Abuse

Hopefully RM2 soon.

Posted by maxx papa > 2021-08-06 13:27 | Report Abuse

Has the board director approved the 15 sen special dividend?

Posted by awesome20 > 2021-08-09 20:30 | Report Abuse

special dividend?
target 2.00

Posted by Bgt 9963 > 2021-08-10 08:49 |

Post removed.Why?

Posted by Keyman188 > 2021-08-10 10:36 | Report Abuse

Hoo..hoo...hoo...

Company keep on buying back own undervalue stock...

Foresee upcoming season can double rewards to shareholders...

Special dividend + shares distribution...


wkwkwk...kekeke...hehehe...

Posted by chamlo > 2021-08-11 09:17 | Report Abuse

09-Aug-2021 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 200,500 shares on 06-Aug-2021.
06-Aug-2021 Insider URUSHARTA JAMAAH SDN BHD (a substantial shareholder) disposed 273,000 shares on 03-Aug-2021.
06-Aug-2021 Insider KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 86,600 shares on 05-Aug-2021.

Posted by chamlo > 2021-08-11 09:18 | Report Abuse

KWAP, Urusharta Jamaah keep disposed. If they disposed all, <1.5 soon?

Posted by mananghunter > 2021-08-12 09:38 | Report Abuse

Push up and pressure down ?

Posted by Asia88 > 2021-08-12 14:08 | Report Abuse

wow..sunway have shares in ijm.

Posted by Bgt 9963 > 2021-08-12 16:47 |

Post removed.Why?

Posted by Keyman188 > 2021-08-12 17:02 | Report Abuse

IJM Corp wins RM258m construction contract for ECRL

(theedgemarkets.com / August 12, 2021 16:54 pm +08)

KUALA LUMPUR (Aug 12): Diversified group IJM Corp Bhd has secured a RM258 million contract for construction works of the East Coast Rail Link (ECRL) project located in Temerloh, Pahang.

In a statement today, IJM said the contract was awarded to its wholly-owned subsidiary IJM Construction Sdn Bhd by China Communications Construction (ECRL) Sdn Bhd for the construction of substructure works and partial superstructure works for the Sungai Pahang bridge, as well as T-Beam fabrication and installation of this bridge as well as other bridges in Section 6 of the rail link.

"We are delighted to be part of this strategically important megaproject and to be working with China Communications Construction (ECRL) Sdn Bhd. We continue to build on our 38 years of experience and expertise in delivering civil works for major and nationally significant infrastructure projects," said IJM chief executive officer and managing director Liew Hau Seng.

Construction work on the project is scheduled to start by the end of this month, and due to be completed in 24 months.

As at March 31, 2021, the outstanding order book of IJM's construction division stood at RM4 billion.

IJM noted that major projects secured by the division in the current financial year include the RM89.8 million contract for the construction of infrastructure building and public realms works at Tun Razak Exchange (TRX), Kuala Lumpur and another RM237.8 million contract for the construction of Mezzo residential tower in The Light City, Gelugor, Penang.

At 4.17pm, shares of IJM were trading down two sen or 1.09% to RM1.82, giving the group a market capitalisation of RM6.63 billion.


## https://www.theedgemarkets.com/article/ijm-corp-wins-rm258m-construction-contract-ecrl

Posted by Keyman188 > 2021-08-13 10:53 | Report Abuse

Media reports have stated that the Group has secured a contract from China Communication Construction for construction works relating to the East Coast Rail Link (ECRL) project located in Temerloh, Pahang valued at RM258m. Based on our records, this represents the Group’s third win for FY22, maintaining its healthy orderbook at ~RM4bn. We keep our forecast unchanged nonetheless, having imputed this in `our orderbook replenishment assumption for FY22. We are expecting more jobs to be awarded in CY22, riding on economic recovery post Covid-19 pandemic with more infrastructure-related works to be rolled out, which may include the MRT3 project. The Group will announce its 1QFY22 on 24th of this month. Our Neutral call with SOTP-derived TP of RM2.03 is maintained.

The contract was awarded by China Communications Construction (ECRL) Sdn Bhd for the construction of substructure works and partial superstructure works for the Sungai Pahang bridge, as well as T-Beam fabrication and installation of this bridge as well as other bridges in Section 6 of the rail link. Construction work on the project is scheduled to start by the end of this month, and due to be completed in 24 months i.e., August 2023.

Replenishing orderbook. Based on our records, this represents the Group’s third win for FY22 with cumulative value of RM586m. The previous wins include the construction of infrastructure building and public realm works at Tun Razak Exchange (TRX) worth RM89.8m, and the construction of Mezzo residential tower in The Light City, Gelugor, Penang valued at RM237.8m. With this contract, IJM’s outstanding orderbook is expected to remain healthy at about RM4bn, translating to 2.1x of its FY21 construction revenue. Assuming a pre-tax profit margin of 7%, this project is expected to contribute RM5.3m, RM9.0m and RM3.8m for its FY22/FY23/FY24 pre-tax profit. We maintain our forecast, nonetheless, having imputed this in our orderbook replenishment assumption.

Outlook. While this project will maintain its orderbook at a healthy RM4bn level, we are of the view that bottom lines are subject to higher operating cost as raw material prices have spiked, in addition to pandemic-related costs. Meanwhile, the level of efficiency is also expected to remain low, due to restrictions on working hours and strict COVID-19 standard operating procedures.

Source: PublicInvest Research - 13 Aug 2021



## https://klse.i3investor.com/blogs/PublicInvest/2021-08-13-story-h1569714532-IJM_CORPORATION_BERHAD_Bags_ECRL_Contract.jsp

Posted by Keyman188 > 2021-08-13 13:24 | Report Abuse

Analysts maintain calls on IJM Corp despite RM258m contract win for ECRL

(theedgemarkets.com / August 13, 2021 13:08 pm +08)


KUALA LUMPUR (Aug 13): Analysts have maintained their calls on IJM Corporation Bhd despite the construction company announcing yesterday that it has secured a RM258 million contract for construction works of the East Coast Rail Link (ECRL) project located in Temerloh, Pahang.

In a statement previously, IJM Corp said the contract was awarded to its wholly-owned subsidiary IJM Construction Sdn Bhd by China Communications Construction (ECRL) Sdn Bhd for the construction of substructure works and partial superstructure works for the Sungai Pahang bridge, as well as T-Beam fabrication and installation of this bridge as well as other bridges in Section 6 of the rail link.

PublicInvest Research, in a research note today, highlighted it has set a “neutral” call on the stock by maintaining its target price (TP) of RM2.03, as it has imputed the award in its orderbook replenishment assumptions for the financial year ending March 31, 2022 (FY22).

“Based on our records, this represents the group’s third win for FY22, maintaining its healthy order book at approximately RM4 billion.

“We are expecting more jobs to be awarded in 2022, riding on economic recovery post-Covid-19 pandemic with more infrastructure-related works to be rolled out, which may include the MRT3 project,” said PublicInvest research analyst Nurzulaikha Azali.

Nurzulaikha added that while this project will maintain its orderbook at a healthy level, the research house is of the view that bottom lines are subject to higher operating costs as raw material prices have spiked, in addition to pandemic-related costs.

“Meanwhile, the level of efficiency is also expected to remain low, due to restrictions on working hours and strict Covid-19 standard operating procedures (SOPs),” she said.

Concurring with PublicInvest’s view, KAF Research also has maintained its "hold" rating on the construction stock with an unchanged TP of RM2.03.

“The ECRL win does not entirely come as a surprise as IJM Corp has been working hard to secure jobs under the project.

“Following this win, we understand that IJM Corp could be aiming for a larger package under the Kuantan Port Spur Link of ECRL.

“Nevertheless, we keep our earnings forecast as the new contract still forms part of our replenishment assumptions for FY22F,” said KAF Research analyst Mak Hoy Ken.

Mak also shared that the latest contract adds to the group’s earlier wins in FY22, such as TRX public realm and infrastructure works (RM90 million) and Mezzo residential tower (RM238 million) at the Light City, Penang.

“This (the new award) takes its total new wins for the financial year-to-date to RM586 million.

“Construction work [on the ECRL] is scheduled to start by month-end ahead of its completion in 24 months,” Mak said in a note today.

Meanwhile, CGS-CIMB has maintained its call on IJM Corp with a TP of RM2.16, based on revalued net asset value (RNAV) discount of 20%.

“While the positive impact on IJM Corp’s order book and earnings is minimal, we believe this milestone could open up other ECRL tender opportunities, particularly in Section B (Dungun-Mentakab) and Section C (Mentakab-Port Klang).

“Based on the revised ECRL 3.0 total cost of RM50 billion (665km), at least RM10 billion of the total civil works has been earmarked for local contractors.

“As at April 21, the ECRL project was 22% completed. It is expected to be operational by 2027. We make no changes to our FY22-24F EPS as the ECRL package forms part of our RM1.5 billion job win assumption,” said CGS-CIMB research analyst Sharizan Rosely.

Sharizan also pointed out that the group also recently announced that it will allocate RM542 million for special dividends following the RM1.5 billion sale of its 56.2% stake in IJM Plantations Bhd, implying a 15 sen/share payout.

He also shared some of the potential downside risks for the group which include weaker-than-expected earnings in first half of the year due to the disruption in billings caused by the Full Movement Control Order (FMCO) in June, Enhanced MCO in July (temporary stop work order) and low site productivity given the crippled supply chain.  

At noon break, shares in IJM Corp traded one sen or 0.55% higher to RM1.83, valuing the construction company at RM6.67 billion. Year to date, the stock rose by 7.02%.


## https://www.theedgemarkets.com/article/analysts-maintain%C2%A0calls-ijm-corp-despite-rm258m-contract-win-ecrl

Posted by Keyman188 > 2021-08-15 11:57 | Report Abuse

首相宣布1】首阶复苏区 11经济活动明起复工
2021年08月15日

吉隆坡15日讯）周一（16日）开始，在第一阶段国家复苏计划区的11项经济活动获准重新开放营业！

首相丹斯里慕尤丁发文告指出，由于意识到经济领域迟迟不开放将影响私人界及员工生计，因此政府同意从 8 月 16 日（周一）开始，让11项经济活动重新复工。

获准复工的经济活动及领域计有:
1. 洗车店
2. 电器和电子商店
3. 存放家居用品和厨具
4. 家具店
5. 运动器材专卖店
6. 汽车配件店
7. 汽车配送销售中心
8. 仅限早市和农贸市场
9. 服装、时装和配饰店
10. 珠宝店
11. 理发店和美容中心/沙龙（基本理发服务只要）

不过，他指出，有关宣布仅落实在成人疫苗接种率达50%的州属，而想要享有这些方便的人也必须得完成两剂疫苗的注射。期间，他就以巴生谷为例指出， 该区18岁以上的接种率已经达到64.7%， 因此可以获准重启11项经济活动。

他表示，届时，民众得出示数字证书，证明自己已经完成接种2剂疫苗。

“我再次提醒，完全接种的意思是注射第二剂双剂型疫苗后的 14 天，而单剂疫苗则是 28 天后才算完成。”

他也说，进一步详细指南，他将会在近期宣布。


## https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E3%80%90%E9%A6%96%E7%9B%B8%E5%AE%A3%E5%B8%831%E3%80%91%E9%A6%96%E9%98%B6%E5%A4%8D%E8%8B%8F%E5%8C%BA-11%E7%BB%8F%E6%B5%8E%E6%B4%BB%E5%8A%A8%E6%98%8E%E8%B5%B7%E5%A4%8D%E5%B7%A5

Posted by Keyman188 > 2021-08-15 12:53 | Report Abuse

More economic activities allowed in states under Phases 1 and 2 of NRP where half of adults fully vaccinated from Aug 16 — PM

(theedgemarkets.com / August 15, 2021 12:45 pm +08)

KUALA LUMPUR (Aug 15): Prime Minister Tan Sri Muhyiddin Yassin today announced the government has agreed to allow 11 more economic activities to be reopened in states and federal territories under the Phase 1 of the National Recovery Plan (NRP), provided that 50% of the adult population have been fully vaccinated.

In a statement today, Muhyiddin said that the consumers looking to take part in the economic activities must have received full vaccination and that owners of the businesses must ensure that the customers entering their premises show the Covid-19 Vaccination Digital Certificate to prove that the individuals have indeed received full vaccination.

The 11 economic activities allowed to reopen effective Aug 16 (Monday):
• Car washes
• Electrical and electronic stores
• Home goods and kitchenware stores
• Furniture stores
• Sports equipment stores
• Car accessory stores
• Car dealers and distributors
• Morning markets and farmers' markets
• Clothing, fashion and accessories shops
• Jewellers
• Barbers and hair and beauty salons

Further, Muhyiddin also announced that the government has agreed to allow another 11 more economic activities for states and federal territories under Phase 2 of the NRP.

They are:
• Photography stores
• Second-hand goods stores
• Florists and nurseries
• Handicraft and souvenir shops
• Antique shops
• Toy stores
• Carpet stores
• Businesses involved in creative content and providing equipment for creative industries
• Outdoor sports stores (including camping, fishing equipments, etc)
• Cosmetics, skin care and perfume stores
• Vape and electronic cigarette stores

Muhyiddin reminded that fully vaccinated individuals are defined as those who have received two doses of Covid-19 vaccine for more than 14 days. These vaccines are Pfizer, AstraZeneca and Sinovac vaccines.

Meanwhile, Individuals who have received single-dose vaccines such as Johnson & Johnson and Cansino will be considered fully inoculated 28 days after they have received the jab.

Muhyiddin also announced that the government has agreed to allow public recreational parks for states and federal territories in Phase 1 to be opened for recreational activities.

However, only individual activities such as jogging, cycling and exercise are allowed, in line with the sports and leisure standard operating procedures in Phase 1.

"This decision is very important for people to get more time to be out in the open and have a better ventilation system than just being confined at home. So, I really hope that this will not be abused," he added.

As at today, states are federal territories in Phase 1 are Kedah, Selangor, Kuala Lumpur, Negeri Sembilan, Melaka, Johor, and Putrajaya.

Meanwhile, states in Phase 2 are Penang, Perak, Kelantan, Terengganu, Pahang, and Sabah.

States and federal territory in Phase 3 are Perlis, Sarawak, and Labuan.

It is worth noting that the current full vaccination rate in the Greater Klang Valley is at 64.7% of the adult population, and 47.4% of total population, according to the Covid-19 Immunisation Task Force.

Posted by Keyman188 > 2021-08-15 12:53 | Report Abuse

## https://www.theedgemarkets.com/article/pm-more-activities-be-allowed-across-states-all-phases-national-recovery-plan-if-50-adult

Posted by Dakewlest > 2021-08-18 18:00 | Report Abuse

When can we expect to know the special dividend ex-date?

Posted by Keyman188 > 2021-08-19 08:55 | Report Abuse

13. Ordinary Resolution 12

Description

To approve the Proposed Disposal of 494,865,786 Ordinary Shares in IJM Plantations Berhad ("IJMP"), Representing 56.20% Equity Interest in IJMP to Kuala Lumpur Kepong Berhad for a Total Cash Consideration of RM1,534,083,936.60


## https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3184059

Posted by Keyman188 > 2021-08-19 08:56 | Report Abuse

Now we all as shareholders right now to wait for special dividend after approval of the IJM Plantation disposal...

BRAVO...OLEH...OLEH...OLEH...

Posted by nnara2401 > 2021-08-19 20:54 | Report Abuse

how much would the special dividend be ?

Posted by SmallSexyPig > 2021-08-25 09:28 | Report Abuse

QR not bad at all. Quite satisfied.

Posted by Sorenpp > 2021-08-25 14:39 | Report Abuse

Go go go … untung2

Posted by Bgt 9963 > 2021-08-25 15:58 |

Post removed.Why?

Posted by Dakewlest > 2021-08-26 19:17 | Report Abuse

Special dividend is 15 sen per share.

Posted by SmallSexyPig > 2021-08-30 09:11 | Report Abuse

Halt of Trading

Posted by weUH888 > 2021-08-30 09:14 | Report Abuse

what means

Posted by piranha88 > 2021-08-30 09:51 | Report Abuse

Must be good news

Posted by Keyman188 > 2021-08-30 10:01 | Report Abuse

Foreign buying extends to third week, surges to RM964.3m

(theedgemarkets.com / August 30, 2021 09:42 am +08)

KUALA LUMPUR (Aug 30): Foreign buying of Malaysian equities extended for the third week and surged to RM964.33 million last week, from a paltry RM6.71 million the prior week.

In its weekly fund flow report today, the MIDF Research team said as the market reopened last Monday, foreign investors were net buyers amounting to RM6.7 million.

Meanwhile, it said local institutions bought RM19.16 million net of local equities, with retailers as net sellers to the tune of RM25.86 million.

The research house said foreign investors were net buyers every day of the week.

It said the largest foreign inflow was recorded last Thursday to the tune of RM310.79 million, while the inflow of RM6.7 million last Monday was the smallest.

“As for retailers, they were net sellers every day of the week except on Monday.

“The largest net selling by retailers was recorded last Tuesday and the smallest net selling was on Friday to the tune of RM48.43 million and RM16.88 million respectively.

“Cumulatively, for the week, retailers net sold RM113.96 million worth of equities on Bursa Malaysia,” it said.

MIDF said that meanwhile, local institutions recorded cumulative weekly net selling to the tune of RM850.37 million.

It said local institutions were net sellers every day of the week, with the largest net selling on Thursday to the tune of RM290.41 million.

Since the beginning of 2021, cumulatively, retailers were the only net buyers of the local equity market to the tune of RM9.46 billion.

Local institutions and foreign investors were net sellers to the tune of RM4.46 billion and RM5 billion respectively.

“In terms of participation, retail investors, local institutions and foreign investors recorded weekly movements of -3.82%, 9.89% and 16.82% respectively in average daily trade value (ADTV),” it said.



## https://www.theedgemarkets.com/article/foreign-buying-extends-third-week-surges-rm9643m

Posted by Keyman188 > 2021-08-30 10:02 | Report Abuse

Great news...foreign funds coming back...

Posted by Dakewlest > 2021-08-30 20:06 | Report Abuse

Why suddenly halt this morning?

Posted by weUH888 > 2021-09-01 21:46 | Report Abuse

i don know why IJM always share buy back and currently chart looking have something , any news ?

Posted by BursaRangers > 2021-09-02 19:27 | Report Abuse

https://klse.i3investor.com/blogs/BursaRangersTechnicalPicks/2021-09-02-story-h1570695681-BursaRangers_Daily_Technical_Picks_03_September_2021.jsp

Posted by stockraider > 2021-09-06 20:05 | Report Abuse

Upside momentum coming for IJM due to completion of Ijmplant disposal, huge infusion of cash is coming in for IJM & huge lump sum special dividend in the process to reward its shareholders loh!

Posted by Bgt 9963 > 2021-09-06 20:24 | Report Abuse

Bonus...coming..

Posted by stockpro18 > 2021-09-07 00:17 | Report Abuse

special dividend

Posted by stockraider > 2021-09-07 07:10 | Report Abuse

Go for it loh!

Still undervalue mah!

Posted by SmallSexyPig > 2021-09-11 13:36 | Report Abuse

I love that IJM consistently buyback shares. Good for us investors.

Posted by stockraider > 2021-09-12 09:52 | Report Abuse

Steady buy loh!

Special dividend 15 sen plus normal final dividend coming very soon mah!

Posted by Bgt 9963 > 2021-09-12 10:00 | Report Abuse

IJM ....giving dividend and bonus shares..

Posted by stockraider > 2021-09-12 11:46 | Report Abuse

Btw IJM is a potential takeover candidates mah!

Posted by Bgt 9963 > 2021-09-12 13:02 |

Post removed.Why?